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The dYdX Foundation has released a temporary update proposal for the treasury, expanding the buyback plan to OTC buybacks.
ChainCatcher news, the dYdX Foundation has released a temporary update proposal for the treasury, including the subDAO’s charter and board member replacements. Additionally, the proposal plans to expand the buyback locations to over-the-counter buybacks. Through over-the-counter buybacks, the dYdX treasury can help facilitate cash flow management for the dYdX DAO, and it will also help save Transaction Cost. The proposal will close on April 14.